BTC Market Weekly Report -7.14 🔥 Weekly chart 1) BTC continues to reach new highs and has now reached 12 million. I don't know how much it can reach above that, so I can only take one step at a time. 2) At present, the weekly chart shows that the predicted position of the retracement is testing the range-H 11, and we need to stand firm and continue to move upwards. That is to say, the current 10-11 range is the buying position. The cost of this rally mechanism is basically 105, so stepping back here will definitely protect the position. PS: If possible, a black swan could cause a big drop, and since I am following the 9W position, I can buy the bottom here. 3) This week is News Week: Today's pending: The US House of Representatives will review the Clarity Act for the Digital Asset Market, the Anti CBDC Surveillance State Act, and the GENIUS Act for National Innovation Guidance on Stablecoins. Tuesday: 20:30 US June non seasonally adjusted CPI annual rate Wednesday: 20:30 US June PPI Annual Rate On Thursday at 02:00, the Federal Reserve released its economic condition brown book. And there have been numerous speeches by Federal Reserve officials this week. 4) This wave of rise is entirely due to institutional behavior, with stablecoin laws, policy compliance, and other factors becoming institutional buyers' markets. So there is a push up without a pullback after the oscillation. The current situation is that everyone has a consensus on an upward trend, and in a buyer dominated market, there cannot be a downward trend, so do not short for the time being. This week's news on CPI may cause disagreements among consensus holders, and the existence of disagreements may change the consensus on price increases. Saying this is not for everyone to short sell, but for short-term contract players to pay attention to opportunities for taking profits and rebounding. 5) This wave of insight: The BTC market has entered the era of institutional colonization, no longer the decentralized financial utopia, but has become an on chain extension tool of the US dollar hegemony, a complete digital gold. Stablecoins are bound to US Treasury bonds, spot ETFs monopolize supply, and policy compliance allows institutions to obtain legal harvesting tools. Retail investors must either adapt to the new rules or become victims of liquidity siphoning. Hour chart 1) At present, it is still in an upward trend. Here, the hourly level retracement buying position is focused on H4 bullish ob 117, and attracting funds here is a buying opportunity. 2) Let's discuss our viewpoint in conjunction with the liquidation. I think it will fluctuate around 115-125 in the short term, especially during this week's news day fluctuations, which is my current rough range of oscillation. If expanded, it would be 105-130. 3) So currently, the retracement is a buying opportunity, and the market may be mainly volatile in the near future. I think BTC still has a high point.